S El Ghoul, O Guedhami, S Saadi… - European Financial …, 2024 - Wiley Online Library
Using a sample of 24,321 firm‐year observations from 25 countries over the 2006–2021 period, we show that operating flexibility increases carbon emissions. This increase is due to …
We examine whether a firm's operating inflexibility affects its carbon footprint. Using a large sample of firms from 30 countries over the 2003–2021 period, we provide first evidence that …